Canol on the Block

Two Governments last week put up for sale one of the costliest flops of the war: the $135,000,000 Canol oil project of the U.S. in northern Canada.

The U.S. has no peacetime use for the 600-mile pipeline from oilfields at Norman Wells, N.W.T. across the Mackenzie Mountains to a refinery at Whitehorse, Yukon. Neither has Canada. So Canada agreed to let the U.S. sell its plant and pipeline to private buyers--if it could find any. In two years' time, if there are no takers, the plant and equipment will be abandoned.

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